[ridesthemiles]

“SHRINKAGE” is a cover word for THEFT

[The Truth Will Make You Free]

Let’s do some math. Assume profit margin 2% before taxes and gross margin 20%. Assume 1% more “shrinkage”, which is theft.

That little 1% theft will eat up 40% of the profit (.01x.80)/.02. In fact, all it takes is 2.5% theft to wipe out ALL profit.

At least during the Great Depression people understood work and tried not to take handouts. An overlooked side effect of Keynesian debt-based economic policy is weakening the moral fiber and social standards of a nation.